TSLA
TSLA
Last: 346.65 (2026-04-07) | 1277 data points
Tesla Sales Plummet 80.7% in Sweden Amid Elon Musk Backlash
Autos trade group Mobility Sweden said new vehicle registrations of Tesla models were down 80.7 percent in April amid a backlash against the political activity of CEO Elon Musk. Tesla registrations were 203 in April, down from 1,052 a year before. It was one of the worst-performing automakers for the month in the Nordic country, and sat in contrast to an overall 11 percent rise in new passenger vehicle registrations to 24,292. Polestar Automotive, a Swedish electric automaker and one of Tesla's competitors, saw its sales hit 535 in April, an 11.5 percent increase. Tesla has faced a similar slide in sales elsewhere in Europe as people protest against Musk, both peacefully and through violent attacks on Tesla property, and its aging fleet of electric vehicles comes under pressure from newer Chinese models.
Elon Musk unveils two-door robotaxi
- Cybercab production to start in 2026, to cost less than $30,000 - Operating cost to be 20 cents per mile over time - Also showcased Robovan, Optimus humanoid robot Elon Musk showcased a robotaxi with two gull-wing doors and no steering wheel or pedals at a splashy event on Thursday and added a robovan to the roster as Tesla's, opens new tab goal shifts from low-priced mass-market automaker to robotics manufacturer. Musk reached the stage in a "Cybercab" which he said will go into production in 2026 and be priced less than $30,000. He said operation will cost 20 cents a mile over time and charging will be inductive, requiring no plugs.